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Felix Jones (1907 - 1978)

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Felix Jones
1907 - 1978
Born
September 23, 1907
Death
April 1978
Last Known Residence
Odonnell, Lynn County, Texas 79351
Summary
Felix Jones was born on September 23, 1907. He died in April 1978 at 70 years old. We know that Felix Jones had been residing in Odonnell, Lynn County, Texas 79351.
Updated: November 8, 2011
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Felix Jones died in April 1978 at 70 years of age. He was born on September 23, 1907. There is no information about Felix's immediate family. We know that Felix Jones had been residing in Odonnell, Lynn County, Texas 79351.
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Refresh this page to see various historical events that occurred during Felix's lifetime.

In 1907, in the year that Felix Jones was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.

In 1913, when he was merely 6 years old, ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.

In 1951, at the age of 44 years old, Felix was alive when on June 25th, CBS began broadcasting in color. There were well over 10 million televisions by that time. The first show in color was a musical variety special titled "Premiere". Hardly anyone had a color TV that could see the show.

In 1968, when he was 61 years old, on April 4th, Dr. Martin Luther King, Jr., the civil rights leader, was shot and killed by an assassin in Memphis. James Earl Ray was apprehended and plead guilty to shooting Dr. King. Ray died in jail in 1998.

In 1978, in the year of Felix Jones's passing, on July 25th, Louise Brown, the first "test-tube baby", was born at Oldham Hospital in London. Louise was conceived through IVF (in vitro fertilization), a controversial and experimental procedure at the time.

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